Households and NPISHs Final consumption expenditure in Panama
Panama: Households and NPISHs Final consumption expenditure was 38.36 billion constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, households and npishs final consumption expenditure in Panama stood at 38.36 billion constant 2015 US$. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 6.5% on the previous year and up 41.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Panama peaked at 38.36 billion constant 2015 US$ in 2024 and was at its lowest, 9.26 billion constant 2015 US$, in 1996.
That places Panama 78th out of 171 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Households and NPISHs Final consumption expenditure in Panama, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1996 | 9.26 billion constant 2015 US$ | — |
| 1997 | 10.12 billion constant 2015 US$ | +9.4% |
| 1998 | 12.14 billion constant 2015 US$ | +20.0% |
| 1999 | 12.34 billion constant 2015 US$ | +1.6% |
| 2000 | 12.56 billion constant 2015 US$ | +1.7% |
| 2001 | 13.06 billion constant 2015 US$ | +4.0% |
| 2002 | 13.93 billion constant 2015 US$ | +6.7% |
| 2003 | 15.11 billion constant 2015 US$ | +8.5% |
| 2004 | 15.67 billion constant 2015 US$ | +3.7% |
| 2005 | 17.50 billion constant 2015 US$ | +11.7% |
| 2006 | 18.64 billion constant 2015 US$ | +6.5% |
| 2007 | 18.78 billion constant 2015 US$ | +0.7% |
| 2008 | 19.69 billion constant 2015 US$ | +4.9% |
| 2009 | 20.40 billion constant 2015 US$ | +3.6% |
| 2010 | 21.79 billion constant 2015 US$ | +6.8% |
| 2011 | 23.01 billion constant 2015 US$ | +5.6% |
| 2012 | 23.77 billion constant 2015 US$ | +3.3% |
| 2013 | 25.37 billion constant 2015 US$ | +6.7% |
| 2014 | 27.12 billion constant 2015 US$ | +6.9% |
| 2015 | 27.70 billion constant 2015 US$ | +2.2% |
| 2016 | 29.54 billion constant 2015 US$ | +6.6% |
| 2017 | 30.30 billion constant 2015 US$ | +2.6% |
| 2018 | 31.45 billion constant 2015 US$ | +3.8% |
| 2019 | 33.62 billion constant 2015 US$ | +6.9% |
| 2020 | 30.96 billion constant 2015 US$ | -7.9% |
| 2021 | 33.03 billion constant 2015 US$ | +6.7% |
| 2022 | 34.16 billion constant 2015 US$ | +3.4% |
| 2023 | 36.02 billion constant 2015 US$ | +5.5% |
| 2024 | 38.36 billion constant 2015 US$ | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.97 billion constant 2015 US$ | 9.26 billion constant 2015 US$ | 12.34 billion constant 2015 US$ | 4 |
| 2000s | 16.53 billion constant 2015 US$ | 12.56 billion constant 2015 US$ | 20.40 billion constant 2015 US$ | 10 |
| 2010s | 27.37 billion constant 2015 US$ | 21.79 billion constant 2015 US$ | 33.62 billion constant 2015 US$ | 10 |
| 2020s | 34.50 billion constant 2015 US$ | 30.96 billion constant 2015 US$ | 38.36 billion constant 2015 US$ | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9754 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 19,303 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8647 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,113 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9114 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Panama?
- Households and npishs final consumption expenditure in Panama was 38.36 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Panama?
- The highest recorded value was 38.36 billion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Panama?
- The lowest recorded value was 9.26 billion constant 2015 US$ in 1996.
- How does Panama rank for households and npishs final consumption expenditure?
- Panama ranks 78th out of 171 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Panama?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.